Federal · Title 12 — Banks and Banking

12 U.S.C. § 1790c: Reward for information leading to recoveries or civil penalties

Civil

What this law says, in plain English

The Board may pay monetary rewards for information leading to recoveries or civil penalties in cases involving offenses affecting insured credit unions, following the same conditions as federal banking agencies.

Read the full statutory text

The Board may pay rewards in connection with an offense affecting an insured credit union, under the same circumstances and subject to the same limitations that a Federal banking agency may pay rewards under section 1831j of this title in connection with an offense affecting a depository institution insured by the Federal Deposit Insurance Corporation.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.